Saturday, January 16, 2016

2016 Knowledge and Financial Goals

I decided to lump these last two categories (Knowledge and Financial) into one post because there isn't much in either category.

 

For my knowledge goals this year, I only have one: read 12 books. I did, however, divide it up into three parts:
     1. Read 1 pagan book (which
         corresponds with my spiritual goal
         this year)
     2. Read 1 nonfiction
     3. Read 10 books of choice

I adore reading. It is one of the few escapes I have from my day-to-day life. Twelve may seem like a small number, but it is hard for me to find time to read everyday. I didn't include any other goals because I'm back in school getting my Master's which challenges me every day.

Financially I would like to do two things. Purchasing our first home and doing some renovations has set us back a little bit when it comes to paying off our debt. We also recently had some unexpected vet bills. Osiris got a UTI and Thanatos tore his ACL. We spent $700 in the first two weeks of the new year on those two cats. Osiris is better and Thanatos is healing nicely. He tore his ACL on Monday and is already starting to walk a little bit. But I digress! Two goals this year:
     - Pay off credit cards
     - Save $1000

Unfortunately someone I happen to love very much isn't always responsible when it comes to credit cards and last year he racked up a pretty penny. Thankfully this house is saving us money all over the place, so we should be able to pay off all the credit card debt in about 8 months without pushing too hard. If not, I gave us until the end of the year to pay them off.

All the renovations we have done lately ate up our savings as well, so I would like to build our emergency fund back up in case something like 2 vet visits in 2 weeks gets paid in cash instead of on the credit cards. I'd like to do this in less than 6 months, but I also don't want to push too hard. We could make lots of sacrifices but honestly, I don't have the will power to do it right now. It is also pretty miserable to cut yourself off from all the things you enjoy to save an extra $15.

Hopefully I will be making more money toward the end of the year which will put us in a great place to begin paying off other debt, such as my car and our student loans. Having a year of higher pay before all my student loans hit will put us in an excellent position for the future. I'm doing everything I can to get us there, but it is going to take time and discipline.

So, what financial and knowledge goals have you set this year?

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